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MarMag
Bullish
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Latest Crypto #News Recap from last 24h 🔥 Bitcoin's pull back phase is about to end; Donald Trump wants and supports $BTC mining in USA; Blockchain technology in racing! Bitcoin's after-halving periodicity clearly highlights the end of pull back. If current analyses are correct, we could soon see significant gains in the so-called "Banana Zone". However, this is not guaranteed, as summer periods are rarely bullish for Bitcoin. Additionally, today's FOMC meeting might further boost BTC's upward trend... Donald #Trupm has expressed his support for #Bitcoin once again! In a recent post on X/Twitter, he stated that he wants "all remaining Bitcoin to be MADE IN THE USA!!!" He agreed that this move would help the country become "energy dominant" and referred to Bitcoin as the country's "last line of defense" against a central bank digital currency (CBDC). This presents a significant opportunity for #mining companies in USA... Blockchain technology has found another use case: racing. The McLaren Artura GT4 will utilize blockchain technology for real-time data analysis during races at Circuit de Spa-Francorchamps. Race Lab, one of the five teams using the McLaren GT4 in the British GT Championship, will install a blockchain-powered data tracker to capture 20 data parameters. These parameters include vehicle ignition timing, braking, oil pressure, engine temperature, steering angle, rotation, and gear switching. Stay tuned for more updates from MarMag! New posts coming soon :)) {spot}(BTCUSDT)

Latest Crypto #News Recap from last 24h 🔥

Bitcoin's pull back phase is about to end;

Donald Trump wants and supports $BTC mining in USA; Blockchain technology in racing!

Bitcoin's after-halving periodicity clearly highlights the end of pull back. If current analyses are correct, we could soon see significant gains in the so-called "Banana Zone". However, this is not guaranteed, as summer periods are rarely bullish for Bitcoin. Additionally, today's FOMC meeting might further boost BTC's upward trend...

Donald #Trupm has expressed his support for #Bitcoin once again! In a recent post on X/Twitter, he stated that he wants "all remaining Bitcoin to be MADE IN THE USA!!!" He agreed that this move would help the country become "energy dominant" and referred to Bitcoin as the country's "last line of defense" against a central bank digital currency (CBDC). This presents a significant opportunity for #mining companies in USA...

Blockchain technology has found another use case: racing. The McLaren Artura GT4 will utilize blockchain technology for real-time data analysis during races at Circuit de Spa-Francorchamps. Race Lab, one of the five teams using the McLaren GT4 in the British GT Championship, will install a blockchain-powered data tracker to capture 20 data parameters. These parameters include vehicle ignition timing, braking, oil pressure, engine temperature, steering angle, rotation, and gear switching.

Stay tuned for more updates from MarMag! New posts coming soon :))

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Daily CRYPTO NEWS recap📈🔥- 17.06.2024 •Upcoming Ethereum upgrade - PECTRA, what are the risks? The Ethereum Prague-Electra (Pectra) upgrade is expected to enable normal crypto wallets to function like smart contracts, increase the amount of minimal $ETH required to be a validator from 32 to 2048 tokens, and improve the security of Ethereum Virtual Machines (EVMs). While these changes are generally beneficial, they come with certain risks. The new staking requirements may expose staked assets to downtime or slashing risks and could potentially decrease decentralization. •Stablecoins expected to help the USA compete with China US dollar-backed stablecoins (like $USDC ) are considered one of the solutions to the impending but avoidable debt crisis. “There would be an immediate, durable increase in demand for U.S. debt, which would reduce the risk of a failed debt auction and an attendant crisis,” said Ryan, who now serves as a policy council member at cryptocurrency-focused venture capital firm Paradigm. This demand could significantly strengthen the US dollar and restore its dominance in the international market. •Why watching $BTC whales is useless? Tracking the wallets of whales (holders with significant amounts of cryptocurrency) is a popular trading tactic to analyze market sentiment and trends. While whales can influence the market, their movements can be interpreted in various ways, so the data never provides a definitive indication. For example, if a massive holder becomes active, some traders might see this as a reason for a pullback, assuming the whale intends to sell their holdings. However, it could also mean that the whale wants to buy even more tokens, and this assumption is equally uncertain. That means opening "short" or "long" trades is like a gambling... Stay tuned for more updates from MarMag! New posts coming soon :)) #NewsAboutCrypto #pectra #WhalesBuying #StablecoinDebate
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Daily CRYPTO NEWS recap📈🔥- 15.06.2024 •$ETH spot ETFs are likely to begin trading by July 2 According to Bloomberg ETF analyst Eric Balchunas, Ether spot ETFs could begin trading in the USA by July 2. While some traders see this as an opportunity for a significant uptrend, Stephen Richardson, managing director of financial markets at Fireblocks, argued that spot Ether ETFs won’t see the same day-one inflow as spot Bitcoin ETFs did. The reason for that are use cases which are far more difficult o value. •Australia with its first $BTC ETF The Australian Securities Exchange has approved the VanEck Bitcoin ETF, which is scheduled to start trading on June 20. Although these ETFs are being accepted by the largest stock exchange in Australia, they are not expected to have a major influence on market prices. However, it is beneficial to have another BTC market that can generate additional demand for this asset. •Former Binance CEO "CZ" with 64% of $BNB circulating supply Forbes estimates Zhao's current net worth at $61 billion, placing him as the 24th richest person in the world. The former CEO owns 94 million BNB tokens, a Forbes report revealed. According to a forensic analysis conducted by Gray Wolf Analytics and the financial outlet, 80 million BNB tokens were allocated to the Binance founding team, and the company still controls 46 million of those tokens. This means CZ and Binance currently hold an estimated 147 million BNB, which is around 71% of the circulating supply. Stay tuned for more updates from MarMag! New posts coming soon :)) #NewsAboutCrypto #ETFEthereum #ETFvsBTC #BNBToken
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TON with new ATH - $8.16 Next mile stone should be $10! Achievable? #tonecoin #NewsAboutCrypto
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Daily CRYPTO NEWS recap📈🔥- 14.06.2024 •Holograph dumps -80% after exploiter mints 1B additional HLG tokens Holograph, a blockchain tokenization platform, fell victim to a hacker who minted 1 billion HLG tokens, currently worth approximately $6.7 million. Holograph's X account confirmed the attack on June 14 and assured that the exploit had been patched. To prevent further malicious activity, Holograph's team and cryptocurrency exchanges are working diligently to block the hacker's account. •Greenpeace alleges that the companies involved in mining Bitcoin contribute to environmental harm Major financial institutions on Wall Street should be held responsible for financing the emissions-heavy Bitcoin mining industry, according to a new report by Greenpeace USA. Fortunately, the allegations target Wall Street titans and not independent miners. Greenpeace criticized banks for their hypocrisy, noting that while they have green, sustainability goals on their agenda, they also invest in or finance the crypto mining industry. Which is claimed to be "profit on environmental harm" •Current $BTC distribution, ETFs are pushing significantly Recent research shows Bitcoin's distribution: • Private owners - 57% • Lost - 17.6% • Remaining to be mined - 6.6% • Satoshi - 5.2% • ETFS - 3.9% • Corporations - 3.6% • Miners - 3.4% • US government - 2.7% Stay tuned for more updates from MarMag! New posts coming soon :)) #ETFvsBTC #holograph #BTC #Bitcoin❗ #NewsAboutCrypto
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#Bitcoin whales takes advantage of current $BTC off-trend and buys more than $1.4B of it, in last 24h 🔥 BTC's whales took full advantage from latest pull backs on June 11-13 and accumulated around 206000 BTC. That shows hope for uptrend in near future! Stay tuned for more updates from MarMag! New posts coming soon :))
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